Option Millionaires

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Economic Data Summary:

Weekly Initial Claims 230K (Briefing.com consensus 220K); Prior was revised to 226K from 225K; Weekly Continuing Claims 1.671 mln; Prior was revised to 1.609 mln from 1.608 mln
The key takeaway from the report is that continuing jobless claims hit their highest level since February 2022, suggesting perhaps that it is becoming more difficult to find a job as employers are taking a more cautious-minded approach with their hiring plans.
Upcoming Economic Data:

November PPI due out Friday at 8:30 ET (Briefing.com consensus 0.2%; Prior 0.2%)
November Core PPI due out Friday at 8:30 ET (Briefing.com consensus 0.2%; Prior 0.0%)
December Univ. of Michigan Consumer Sentiment - Prelim due out Friday at 10:00 ET (Briefing.com consensus 57.0; Prior 56.8)
October Wholesale Inventories due out Friday at 10:00 ET (Prior 0.6%)